Home Business Companies

Jubilant Foodworks invests Rs 92 crore in Barbecue Nation

Jubilant Foodworks invests Rs 92 crore in Barbecue Nation

Jubilant Foodworks on Thursday announced investing in Rs 92 crore for a 10.76% stake in Barbecue-Nation Hospitality Ltd. Jubilant Foodworks Ltd operates fast food chains like Domino’s Pizza and Dunkin’ Donuts in India. Barbecue-Nation currently has 138 restaurants across 73 cities and it introduced the concept of live grilling kebabs to Indians. BNHL had reported a total revenue of Rs 742.5 crore in 2018-19 on a consolidated basis.

Srushti Vaidya

Srushti Vaidya is a mass media student from Ramnarian Ruia Autonomous College, Mumbai. She holds interest in politics and wants to pursue her carrer in journalism. Contact her at vaidyasrushti19@gmail.com